Reported 16 days ago
Following Donald Trump's recent presidential win, investors are speculating about the potential impact of a Republican 'red sweep' on the economy, particularly on stocks, bonds, and currencies. This scenario, where Republicans control the White House and Congress, could facilitate the implementation of Trump's economic policies, such as tax cuts, which are perceived as favorable for growth but may also escalate inflation risks. As a result, markets have reacted positively, with small cap stocks seeing significant gains and the dollar strengthening.
Source: YAHOO